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Technology Stocks : Peapod (PPOD)

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To: Trey McAtee who wrote (543)12/11/1998 7:15:00 PM
From: Moominoid  Read Replies (1) of 1170
 
look on the 60 minute and tell me if you see a wedge

Maybe If you look in more detail on say 15 min you see that it is bounded by two parallel lines. It's not rising very steeply either. So I wouldn't say it means that much. On the daily chart it looks more like a symmetrical triangle. Whatever, we have some congestion here around previous support/resistance which I reckon eventually will give way to more decline.

This still looks bearish to me:

iqc.com

On FA - does anyone have earnings forecasts looking beyond 1999?

David
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